European Central Bank (ECB) headquarters in Frankfurt am Main, Germany. (Photo: AFP/VNA) vice president European Central Bank (ECB) Luis de Guindos on February 9 warned labor unions to avoid making excessive wage demands, as this could increase inflation. According to Mr. De Guindos, the reason why workers claim salary increase This is due to the … Read more
The latest euro zone growth numbers are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The euro zone beat expectations on Tuesday by posting positive growth in the final quarter of 2022 and reducing fears of a potential regional recession. Preliminary Eurostat data released Tuesday showed that the … Read more
AA/Francfort/Mohammed Hamood Ali al-Ragawi The European Central Bank (ECB) on Thursday raised its key rates by 50 basis points, their highest level since 2008. In a press release, the ECB announced that it had raised its interest rates from 2.5% to 3%. According to the press release, the deposit rate increased from 2% to 2.5%, … Read more
100 euro denomination coin in Rome, Italy. (Photo: AFP/VNA) February 2nd, European Central Bank (ECB) decided to raise the basic interest rate in the euro area (Eurozone) add 0.5%. This is the bank’s fifth consecutive interest rate hike. After the above decision, the three main interest rates of the ECB, the refinancing rate, the lending … Read more
An official at the European Central Bank reveals that the bank is set to raise interest rates by 50 basis points in February and March. The European Central Bank is preparing to raise interest rates by 0.5% in the next two months A member of the European Central Bank’s Governing Council, Claes Knut, said in … Read more
Share to WeChat Open WeChat, click “Discovery” at the bottom,Use “scan” to share the webpage to Moments. China Business News 2023-01-20 13:03:29 Editor in charge: Zhu Mengyun On Thursday local time, European Central Bank President Christine Lagarde attended the Davos summit and delivered a speech that surprised market bulls. Lagarde emphasized: Inflation in the euro … Read more
Posted in: 01/01/2023 – 15:36 German Finance Minister Christian Lindner expects inflation in the country with Europe’s largest economy to drop this year to 7 percent and to continue to decline in 2024 and beyond, but he expressed his belief that higher energy prices will become the new reality. “The target level (for inflation) remains … Read more
Frankfurt (dpa) European Central Bank Executive Council member Isabel Schnabel said interest rates should be moved to bring inflation to the target, according to Bloomberg News. Schnabel said in an interview published yesterday that the risk of exaggerating policies on the part of the European Central Bank “is still limited, as real interest rates are … Read more